ASSIGNMENT 9

1. Try to reverse engineer the trajectory for dx/dt = x - cos x. Supplemental files are included in the
module site on Blackboard.

dx
=x−cos x
dt

For trajectory,

dx −dt
=
dt dx
Then,

−dt
=x−cos ⁡x
dx

( x−cos x ) dx=−dt

Integrating,

n2
+ sin x=−t+1
2

2. Sketch a two-dimensional trajectory for the equation cos(x) = x. (Hint, press the cosine key on your
calculator repeatedly.)
 Figure 1 - Two-Dimensional Trajectory for cos(x)=x

3. Plot, on the same graph, amortization curves for negative amortization, positive amortization, and
interest-only loans.

Figure 2 - Positive Amortization, Negative Amortization, and Interest-Only Plot

Extending the positive amortization graph into negative territory, and comment on what this means.
 Figure 3 - Positive Amortization Extending into the Negative Plot

Negative numbers in the positive amortization graph first appear when the loan has been paid-off as seen
below where around month 55 the loan of $10,000 is paid off.